Annual Percentage Rate (APR) Calculator

The Annual Percentage Rate (APR) is a method to compute annualised credit cost, which includes interest rate and loan origination charges.

₹ 5,000

₹ 25,00,00,000

Months
12 Months240 Months
%
8% 26%

₹ 0

₹ 50,00,000

APR

8.00%

EMI

50,271

These calculators are provided only as general self-help Planning Tools. Results depend on many factors, including the assumptions you provide. *All the amounts are Indicative.

Notes on how to use the Calculator.

  • The APR depends on various factors like interest rate, processing fee, loan tenor etc. The APR calculator is provided for customer convenience to compare the annual cost of credit to the borrower.
  • The Annual Percentage Rate calculator is provided to compute annualised credit cost to the borrower which includes interest rate and charges, applicable at the time of loan origination.
  • The APR calculator does not include stamp duty and contingent charges like penal charges, late payment fees, etc.
  • To calculate APR, please provide input for Loan Amount in INR, Tenure in months, ROI (without %) and applicable charges at the time of loan origination.
  • Basis the four fields, calculator will show the APR in output field.
  • The output values mentioned in the APR calculator are based on the input provided in the respective field, as indicated in the calculator. You are requested to use the calculator without making any changes to the calculator to achieve desired output. Axis Finance Limited shall not be responsible for any output produced due to changes in the calculator or incorrect input feed.APR.
  • Please note actual APR at the time of loan sanction will vary based on Loan Origination Charges which will include Processing fees, valuation charges, CERSAI charges, insurance charges (if insurance is availed) and other applicable charges at the time of loan sanction and which are disclosed by the Company in the Key Fact Statement issued to the customer.

Notes on how to use the Calculator.

Annual Percentage Rate (APR) Calculator

The Annual Percentage Rate (APR) is a method to compute annualised credit cost, which includes interest rate and loan origination charges. 

Annual Percentage Rate (APR) Calculator